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Holtec Achieves Milestone towards Restarting Palisades Nuclear Facility and Advances Plans to Build Two SMRs at Palisades Site

LCG, March 31, 2026--Holtec International yesterday announced that it successfully completed a milestone test necessary to return Holtec's Palisades Nuclear Generating Station to service. The 805-MW pressurized water reactor (PWR) is located in Michigan and was shut down by Entergy in May 2022. Holtec acquired the facility in June 2022 and has pursued a path to return the plant to service.

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Arbor Signs Agreement with GridMarket for 5 GW of Baseload Power

LCG, March 25, 2026--Arbor Energy today announced an agreement with GridMarket, an energy and infrastructure project facilitator, to deliver up to 5 GW of zero-emission power starting in 2029. GridMarket supports large energy users, including data centers, manufacturers, and logistics providers, with securing reliable and cost-effective power.

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Industry News

First Energy's New Wires Unit is First Step to ISO

LCG, Aug. 30, 2000American Transmission Systems Inc., the new wires subsidiary into which First Energy Corp. transferred its transmission assets, will begin operations Friday under its own open access transmission tariff.

The unit, which will own and operate First Energy's major high-voltage transmission facilities, has received approvals from Federal Energy Regulatory Commission, the public utilities commissions of Ohio and Pennsylvania, and the U. S. Securities and Exchange Commission.

Formation of the subsidiary is the first step in First Energy's move to place all of its transmission facilities under the direction of a FERC-approved regional transmission organization. The company has joined with American Electric Power Co., Consumers Energy Co., Detroit Edison Co. and Virginia Electric & Power Co. in proposing a for-profit operator called Alliance RTO.

The Alliance proposal was conditionally approved by FERC last December. First Energy said the companies will make a compliance filing with FERC soon that addresses outstanding issues related to pricing, governance, scope and configuration.

As to the start-up of American Transmission Systems, Stan Szwed, a First Energy vice president, said "We are very pleased to have completed this important step toward our ultimate goal of joining an independent regional transmission organization, offering fair, nondiscriminatory access to our transmission network."

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